An examination of part of an organization's procedures and methods for the purpose of evaluating efficiency and effectiveness is what type of audit?
A)Operational audit
B)Compliance audit
C)Financial statement audit
D)Production audit

Question

Quizplus · Accepted Answer

An operational audit is specifically performed to assess the efficiency and effectiveness of an organization's procedures and methods. It evaluates how well the organization is meeting its goals and objectives, and identifies any areas where improvements can be made. Compliance audits, financial statement audits, and production audits focus on different aspects of an organization's operations, but do not specifically evaluate efficiency and effectiveness.

An Examination of Part of an Organization's Procedures and Methods